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Charleston-based Park Place Stadium Cinemas closing after 43 years

Note: MetroNews has spoken with owner Derek Hyman and this story will be updated.

CHARLESTON, W.Va. — A 43-year entertainment venue in downtown Charleston has closed its doors.

The owners of Park Place Stadium Cinemas announced on Facebook Tuesday that it closed its doors at the end of business Monday.

“This decision wasn’t easy, but unfortunately, declining business and the high cost of necessary upgrades have made it unavoidable,” the message said.

The owners thanked their patrons who have watched movies at the Washington Street East location since 1981.

“We want to express our heartfelt gratitude to each and every one of you who has been part of our journey. Your support, laughter, and shared moments have made the Park Place Cinemas an enduring part of the Charleston community,” Park Place said.

Park Place was the first theatre with more than two screens to make its way to the state’s Capital City. There was a two-screen theatre at Plaza East on Charleston’s East End and a multi-screen theatre in Kanawha City.

Current owners said they hope someone will buy the property and reopen it.

“As we say goodbye, we hold onto hope that a new operator will see the potential in the Park Place and bring it back to life. We believe in the power of community and the magic of the movies, and we hope to see the lights of Park Place shine once again.” the message said.

Charleston Mayor Amy Shuler Goodwin responded with a statement:

“I spoke with the owner this morning and thanked him and his team for their 43 years of operation in our city. During our conversation, Mr. Hyman informed me the company closed their movie theater in Cincinnati, Ohio last week. We understand owning and operating a movie theater over the last several years has been extremely difficult — especially during the pandemic.

“While we were only informed of the closure this morning, we are aware of other movie theater operators who have expressed interest in the space. In addition, Mr. Hyman indicated he had spoken with other potential operators as well.

“With the closing of Park Place Stadium Cinemas, we will immediately begin looking for another tenant for our downtown cinema space. The City has made improvements to the theater space over the last couple of years, including major improvements in the garage.

“It is our understanding all of the movie-related equipment will remain, so we are hopeful another operator will be interested in locating downtown. Foot traffic and business have both increased in this area and are expected to continue increasing with the construction of the Capital Sports Center and major improvements in the Business Improvement District. We are hopeful to find a partner that shares our vision for the future of our Downtown.”